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commercial property insurance

Commercial property insurance protects a commercial building and its contents—such as inventory, computers, telephone systems, documents, furniture, HVAC systems, machinery, and equipment—as well as exterior features such as signs, fences, gates, lighting, and landscaping—from damage caused by fire, burst pipes, storms, theft, and vandalism.

Damage caused by earthquakes and floods is generally not covered by a commercial property insurance policy unless coverage for those natural disasters is added to the policy.

In Alaska, commercial property insurance is designed to safeguard businesses against the loss or damage of physical assets such as buildings, equipment, inventory, furniture, and other property essential to business operations. Standard policies typically cover risks like fire, theft, vandalism, and certain weather-related damages. However, it's important to note that standard commercial property insurance does not usually cover earthquake or flood damage. These are considered separate risks and require additional coverage to be purchased. Business owners in Alaska should carefully review their insurance policies and consider their geographic location and risk factors when deciding whether to add earthquake or flood insurance to their commercial property policy.

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commercial property insurance

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Insurance

commercial property insurance

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